CBS Company Profile (NYSE:CBS)

About CBS

CBS logoCBS Corporation is a mass media company. The Company's segments include Entertainment, Cable Networks, Publishing and Local Broadcasting. Its Entertainment segment is composed of the CBS Television Network; CBS Television Studios; CBS Global Distribution Group (composed of CBS Studios International and CBS Television Distribution); CBS Interactive, and CBS Films. The Company's Cable Networks segment is composed of Showtime Networks; CBS Sports Network, and Smithsonian Networks. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints, such as Simon & Schuster, Pocket Books, Scribner, Gallery Books, Touchstone and Atria Books. The Local Broadcasting segment is composed of CBS Television Stations, its approximately 30 owned broadcast television stations, and CBS Radio, through which it owns and operates radio stations in the United States markets. It operates businesses, which span the media and entertainment industries.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Entertainment - Diversified
  • Sub-Industry: Broadcasting
  • Exchange: NYSE
  • Symbol: CBS
  • CUSIP: 12485720
Key Metrics:
  • Previous Close: $66.97
  • 50 Day Moving Average: $64.30
  • 200 Day Moving Average: $58.66
  • 52-Week Range: $409,535,000.00 - $47.88
  • Trailing P/E Ratio: 23.83
  • Foreward P/E Ratio: 13.08
  • P/E Growth: 0.93
  • Market Cap: $27.43B
  • Outstanding Shares: 409,535,000
  • Beta: 1.66
  • Net Margins: 11.32%
  • Return on Equity: 33.06%
  • Return on Assets: 7.64%
  • Debt-to-Equity Ratio: 1.66%
  • Current Ratio: 1.76%
  • Quick Ratio: 1.29%
Additional Links:
Companies Related to CBS:

Analyst Ratings

Consensus Ratings for CBS (NYSE:CBS) (?)
Ratings Breakdown: 5 Hold Ratings, 26 Buy Ratings
Consensus Rating:Buy (Score: 2.84)
Consensus Price Target: $69.03 (3.08% upside)

Analysts' Ratings History for CBS (NYSE:CBS)
DateFirmActionRatingPrice TargetDetails
2/18/2017Barclays PLCSet Price TargetHold$56.00View Rating Details
2/16/2017GuggenheimReiterated RatingBuyView Rating Details
2/16/2017RBC Capital MarketsBoost Price TargetOutperform$70.00 -> $78.00View Rating Details
2/16/2017Pivotal ResearchReiterated RatingHoldView Rating Details
2/16/2017Royal Bank of CanadaBoost Price TargetOutperform$70.00 -> $78.00View Rating Details
2/16/2017Needham & Company LLCReiterated RatingBuy$72.00View Rating Details
2/16/2017BMO Capital MarketsReiterated RatingBuy$73.00View Rating Details
2/13/2017InstinetBoost Price Target$70.00View Rating Details
2/6/2017WedbushReiterated RatingOutperform$77.00View Rating Details
2/6/2017Atlantic SecuritiesUpgradeNeutral -> Overweight$78.00View Rating Details
2/3/2017Jefferies Group LLCReiterated RatingBuy$65.00 -> $71.00View Rating Details
1/20/2017Credit Suisse GroupInitiated CoverageOutperform$75.00View Rating Details
1/13/2017Benchmark Co.Reiterated RatingBuy$67.00 -> $74.00View Rating Details
1/8/2017Loop CapitalReiterated RatingBuy$67.00 -> $77.00View Rating Details
1/6/2017Brean CapitalReiterated RatingBuy$75.00View Rating Details
12/19/2016WunderlichReiterated RatingBuy -> Positive$72.00View Rating Details
12/13/2016Telsey Advisory GroupBoost Price TargetMarket Perform$57.00 -> $66.00View Rating Details
12/8/2016J P Morgan Chase & CoReiterated RatingOverweight$69.00View Rating Details
11/4/2016Pacific CrestReiterated RatingHoldView Rating Details
11/2/2016Wells Fargo & CoReiterated RatingOutperform$65.00View Rating Details
10/4/2016ArgusReiterated RatingBuy$71.00View Rating Details
9/6/2016Drexel HamiltonInitiated CoverageBuy$65.00View Rating Details
7/29/2016Deutsche Bank AGBoost Price TargetBuy$65.00 -> $68.00View Rating Details
6/29/2016Morgan StanleyReiterated RatingOverweightView Rating Details
6/17/2016Sanford C. BernsteinReiterated RatingMarket PerformView Rating Details
5/5/2016Bank of America CorpReiterated RatingBuy$65.00View Rating Details
5/4/2016Piper Jaffray CompaniesReiterated RatingBuy$60.00 -> $65.00View Rating Details
5/4/2016FBR & CoReiterated RatingOutperform$66.00 -> $68.00View Rating Details
5/4/2016Topeka Capital MarketsBoost Price TargetBuy$64.00 -> $66.00View Rating Details
4/12/2016Moffett NathansonBoost Price Target$56.00View Rating Details
4/8/2016NomuraBoost Price TargetBuy$60.00 -> $66.00View Rating Details
3/31/2016Barrington ResearchReiterated RatingOutperform$61.00 -> $65.00View Rating Details
3/16/2016Stifel NicolausBoost Price TargetBuy$54.00 -> $60.00View Rating Details
2/18/2016Cowen and CompanyLower Price TargetOutperform$61.00 -> $59.00View Rating Details
9/26/2015MacquarieReiterated RatingBuy$55.00View Rating Details
7/10/2015Northland SecuritiesReiterated RatingBuy$83.00View Rating Details
3/20/2015Citigroup Inc.Reiterated RatingBuy$60.00 -> $72.00View Rating Details
(Data available from 2/26/2015 forward)


Earnings History for CBS (NYSE:CBS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/15/2017Q416$1.10$1.11$4.03 billion$3.52 billionViewListenView Earnings Details
11/3/2016Q316$0.98$1.05$3.26 million$3.40 millionViewListenView Earnings Details
7/28/2016Q216$0.86$0.93$3.21 billion$3.29 billionViewListenView Earnings Details
5/3/2016Q116$0.94$1.02$3.50 billion$3.85 billionViewListenView Earnings Details
2/11/2016Q415$0.92$0.92$15.77 billion$3.91 billionViewListenView Earnings Details
11/3/2015Q315$0.80$0.88$15.77 million$3.26 billionViewListenView Earnings Details
8/5/2015Q215$0.72$0.74$15.77 billion$3.20 billionViewListenView Earnings Details
5/7/2015Q115$0.75$0.78$3.57 billion$3.50 billionViewListenView Earnings Details
2/12/2015Q414$0.76$0.77$3.65 billion$3.68 billionViewListenView Earnings Details
11/5/2014Q314$0.72$0.74$3.32 billion$3.37 billionViewListenView Earnings Details
8/7/2014Q214$0.72$0.78$3.24 billion$3.19 billionViewListenView Earnings Details
5/8/2014Q114$0.75$0.78$4.04 million$3.86 millionViewListenView Earnings Details
2/12/2014Q413$0.76$0.78$3.52 billion$3.91 billionViewListenView Earnings Details
11/6/2013Q313$0.77$0.76$3.47 billion$3.30 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.72$0.76$3.52 billion$3.70 billionViewListenView Earnings Details
5/1/2013Q1 2013$0.67$0.73$4.01 billion$4.04 billionViewListenView Earnings Details
2/14/2013Q4 2012$0.69$0.64$3.85 billion$3.70 billionViewListenView Earnings Details
11/7/2012Q312$0.61$0.65$3.49 billion$3.42 billionViewN/AView Earnings Details
8/2/2012$0.59$0.65ViewN/AView Earnings Details
5/1/2012$0.43$0.54ViewN/AView Earnings Details
2/15/2012$0.53$0.57ViewN/AView Earnings Details
11/3/2011$0.46$0.50ViewN/AView Earnings Details
8/2/2011$0.45$0.58ViewN/AView Earnings Details
5/3/2011$0.19$0.29ViewN/AView Earnings Details
2/16/2011$0.44$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for CBS (NYSE:CBS)
Current Year EPS Consensus Estimate: $4.43 EPS
Next Year EPS Consensus Estimate: $5.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.93$0.96$0.95
Q2 20165$0.83$0.95$0.87
Q3 20164$0.98$0.98$0.98
Q4 20164$0.97$1.10$1.07
Q1 20174$0.90$0.99$0.95
Q2 20174$0.90$1.05$0.98
Q3 20174$1.10$1.21$1.17
Q4 20174$1.19$1.39$1.27
Q1 20181$1.13$1.13$1.13
Q2 20181$1.06$1.06$1.06
Q3 20181$1.46$1.46$1.46
Q4 20181$1.52$1.52$1.52
(Data provided by Zacks Investment Research)


Current Dividend Information for CBS (NYSE:CBS)
Annual Dividend:$0.72
Dividend Yield:1.08%
Dividend Growth:9.50% (3 Year Average)
Payout Ratio:20.17% (Based on Trailing 12 Months of Earnings)
16.25% (Based on Current Year Consensus EPS Estimate)
14.06% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for CBS (NYSE:CBS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CBS (NYSE:CBS)
Insider Ownership Percentage: 1.67%
Institutional Ownership Percentage: 78.18%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/21/2017Joseph R IannielloCOOSell68,869$67.40$4,641,770.60View SEC Filing  
2/21/2017Lawrence TuEVPSell28,641$67.68$1,938,422.88View SEC Filing  
2/17/2017Gil D SchwartzEVPSell33,131$65.23$2,161,135.13View SEC Filing  
3/1/2016Joseph R IannielloCOOSell33,975$50.00$1,698,750.00View SEC Filing  
5/22/2015Joseph A CalifanoDirectorSell5,093$61.64$313,932.52View SEC Filing  
5/11/2015Angeline C StrakaEVPSell296$60.62$17,943.52View SEC Filing  
4/6/2015Leslie MoonvesCEOSell255,000$61.23$15,613,650.00View SEC Filing  
3/9/2015Joseph R IannielloCOOSell28,000$60.22$1,686,160.00View SEC Filing  
2/23/2015Joseph R IannielloCOOSell28,000$59.53$1,666,840.00View SEC Filing  
2/17/2015Anthony G AmbrosioEVPSell26,450$60.01$1,587,264.50View SEC Filing  
12/23/2014Bruce S GordonDirectorSell28,013$55.97$1,567,887.61View SEC Filing  
10/8/2014Leslie MoonvesCEOSell281,250$52.17$14,672,812.50View SEC Filing  
9/8/2014Leslie MoonvesCEOSell281,250$59.05$16,607,812.50View SEC Filing  
9/5/2014Leslie MoonvesCEOSell281,250$59.05$16,607,812.50View SEC Filing  
8/14/2014Leslie MoonvesCEOSell93,750$59.36$5,565,000.00View SEC Filing  
8/13/2014Leslie MoonvesCEOSell93,750$59.12$5,542,500.00View SEC Filing  
8/11/2014Anthony G AmbrosioEVPSell14,000$60.13$841,820.00View SEC Filing  
7/15/2014Gil D SchwartzEVPSell7,188$59.88$430,417.44View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for CBS (NYSE:CBS)
News Icon2 Killed in Early Morning Anne Arundel Co. Crash (NYSE:CBS) - February 25 at 9:01 PM
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News IconKatherine Heigl's new drama Doubt gets axed by CBS after just TWO EPISODES (NYSE:CBS) - February 25 at 9:01 PM
News Icon‘Real Life’: Rebecca Rittenhouse To Star In CBS Comedy Pilot From Hilary Winston (NYSE:CBS) - February 25 at 3:59 PM
News IconUFCW Members Reject Holten Meat Co. Offer (NYSE:CBS) - February 25 at 3:59 PM
News IconMd. State Police Shut Down Illegal Street Race in Baltimore Co. (NYSE:CBS) - February 25 at 3:59 PM
News IconCBS doubts Doubt, pulls it from the schedule (NYSE:CBS) - February 25 at 3:59 PM
News IconKatherine Heigl’s legal drama ‘Doubt’ canceled after two episodes air on CBS (NYSE:CBS) - February 25 at 3:59 PM logoCBS's All Access Growth Went Over the Top of Expectations (NYSE:CBS) - February 25 at 3:59 PM
News IconWhile War on Media Escalates, CBS Chief Praises Trump’s Deregulatory Agenda (NYSE:CBS) - February 24 at 9:21 PM
News IconWCCO radio to be under new ownership as CBS Radio merges with Entercom (NYSE:CBS) - February 24 at 9:21 PM
News IconNPG to add local CBS affiliate in June (NYSE:CBS) - February 24 at 4:20 PM
News IconThe Research Analysts Offer Predictions for CBS Corporation's Q1 2017 Earnings (NYSE:CBS) - February 24 at 4:20 PM
News IconDoes radio have a future? Philly's Entercom makes $4B leap with CBS Radio deal (NYSE:CBS) - February 24 at 4:20 PM
News IconThe Brokerages Set CBS Corporation (CBS) Price Target at $66.85 (NYSE:CBS) - February 24 at 4:20 PM
News IconThe CBS Corporation (CBS) Upgraded to "Overweight" at Atlantic Securities (NYSE:CBS) - February 24 at 4:20 PM logoSumner Redstone's movie theaters skimp on waiter pay, lawsuit says (NYSE:CBS) - February 24 at 4:20 PM
News IconHow Does CBS Corporation (CBS) Stack Up Right Now? - StockNewsJournal (NYSE:CBS) - February 24 at 12:42 PM logoCBS Lacks Revenue Growth To Support Current Valuation - Seeking Alpha (NYSE:CBS) - February 23 at 9:09 PM
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News IconJust the Facts on CBS Corporation (CBS) - StockNewsJournal (NYSE:CBS) - February 22 at 9:21 PM logoCBS dominates prime-time broadcast ratings again - Seeking Alpha (NYSE:CBS) - February 22 at 9:21 PM
News IconNielsen's top programs for Feb. 13-19 (NYSE:CBS) - February 22 at 4:19 PM
News IconCBS rules in prime time, claiming 16 of week’s Top 20 shows (NYSE:CBS) - February 22 at 4:19 PM logoCBS rules in prime time, claiming 16 of week's Top 20 shows (NYSE:CBS) - February 22 at 4:19 PM logoHow CBS Radio created an accounting complication for CBS (NYSE:CBS) - February 22 at 4:19 PM logoCalled to Account: How CBS Radio created an accounting complication for CBS (NYSE:CBS) - February 22 at 2:32 PM logoTrump and a Look at the Economy: Charlie Rose (NYSE:CBS) - February 22 at 12:15 PM
News IconCBS Corporation (CBS): From Top to Bottom - StockNewsJournal (NYSE:CBS) - February 21 at 1:49 PM
News IconStock Price of CBS Corporation (CBS) Increases 2% - Energy Index (NYSE:CBS) - February 21 at 1:49 PM
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News IconLooking at the Tea Leaves for CBS Corporation (CBS) - The USA Commerce (NYSE:CBS) - February 18 at 10:11 AM logoNeedham & Company Reiterates Buy Rating and $72 PT on CBS Corp. (CBS) Following 4Q16 Report - (NYSE:CBS) - February 18 at 10:11 AM
News IconKey Takeaways From CBS’ Q4 Earnings (NYSE:CBS) - February 17 at 5:59 PM logo'Billions' creators flooded with calls from Wall Streeters (NYSE:CBS) - February 17 at 5:59 PM logoCBS Corp. :CBS-US: Earnings Analysis: 2016 By the Numbers : February 17, 2017 (NYSE:CBS) - February 17 at 5:59 PM logoCBS CORP Files SEC form 10-K, Annual Report (NYSE:CBS) - February 17 at 5:59 PM
News IconCBS Corp's profit falls on pension settlement charge (NYSE:CBS) - February 16 at 9:18 PM logoCBS Corp. beats on fourth-quarter earnings (NYSE:CBS) - February 16 at 9:18 PM logoCBS reports quarterly loss following pension settlement (NYSE:CBS) - February 16 at 9:18 PM logoStocks to Watch: February 16, 2017 (NYSE:CBS) - February 16 at 9:18 PM logoStocks to Watch: February 16, 2017 (NYSE:CBS) - February 16 at 9:18 PM
News IconAnalysts bullish on CBS Corporation (NYSE: CBS) (NYSE:CBS) - February 16 at 4:16 PM
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News IconRoger Goodell, CBS Held Meeting On How To Improve NFL's Pace of Play (NYSE:CBS) - February 16 at 4:16 PM logoAnalyst Activity – Guggenheim Reiterates Buy on CBS Corporation (NYSE:CBS) (NYSE:CBS) - February 16 at 4:16 PM


What is CBS's stock symbol?

CBS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBS."

How often does CBS pay dividends? What is the dividend yield for CBS?

CBS declared a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, March 10th will be paid a dividend of $0.18 per share on Saturday, April 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Wednesday, March 8th.

Where is CBS's stock going? Where will CBS's stock price be in 2017?

31 brokerages have issued 1 year price targets for CBS's shares. Their forecasts range from $56.00 to $78.00. On average, they expect CBS's stock price to reach $69.03 in the next year.

When will CBS announce their earnings?

CBS is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about CBS stock?

Here are some recent quotes from research analysts about CBS stock:

  • Instinet analysts commented, "We modestly lower our adj. 4Q16 EPS estimate to $1.09 from $1.11 to better reflect tough content licensing comparisons at Cable and lower Thursday Night Football (TNF) ratings the Entertainment segment." (2/13/2017)
  • Credit Suisse Group analysts commented, " We reinstate coverage of CBS after a period of restriction with an Outperform rating and an unchanged $75 target price. We trim 2017/18 EPS by 4%, to $4.49/$5.31, driven by slightly more conservative assumptions on advertising, but remain bullish on the company's long term growth trajectory and believe the valuation looks compelling after the recent pull-back." (1/20/2017)
  • According to Zacks Investment Research, "CBS Corp. has outperformed the Zacks categorized industry over the past one year. The company continued with its positive earnings surprise streak for the seventh-straight and also topped the revenue estimate for the fourth quarter in row, as it posted third-quarter 2016 results. The top line gained from rise in content licensing and distribution revenues and also due to surge in retransmission revenues. Management expects revenues to increase further with 21% of retransmission and 14% of reverse compensation set for renewal in 2017. CBS Corp.’s sustained focus on increasing subscription-based revenues bode well. Earlier, CBS highlighted that retransmission consent and reverse compensation are expected to exceed the $2-billion mark in 2020. The company is on track to hit $1 billion in 2016, a year earlier than anticipated previously. However, currency fluctuations and higher expenditure for original programming might be a drag." (1/19/2017)

Who owns CBS stock?

CBS's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock, Inc (6.00%), Fred Alger Management Inc. (0.75%), Bessemer Group Inc. (0.56%), Nicholas Co. Inc. WI (0.31%), Putnam Investments LLC (0.30%) and Prudential PLC (0.28%). Company insiders that own CBS stock include Angeline C Straka, Gil D Schwartz, Joseph A Califano, Joseph R Ianniello, Lawrence Tu and Leslie Moonves.

Who sold CBS stock? Who is selling CBS stock?

CBS's stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., O Shaughnessy Asset Management LLC, Marshall Wace LLP, Systematic Financial Management LP, Janus Capital Management LLC, Third Avenue Management LLC, Handelsbanken Fonder AB and Raiff Partners Inc.. Company insiders that have sold CBS stock in the last year include Gil D Schwartz, Joseph R Ianniello and Lawrence Tu.

Who bought CBS stock? Who is buying CBS stock?

CBS's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Teachers Retirement System of The State of Kentucky, Putnam Investments LLC, Caldwell & Orkin Inc., Bessemer Group Inc., United Capital Financial Advisers LLC, Capital International Ltd. CA and Foresters Investment Management Company Inc..

How do I buy CBS stock?

Shares of CBS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CBS stock cost?

One share of CBS stock can currently be purchased for approximately $66.97.

CBS (NYSE:CBS) Chart for Sunday, February, 26, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for CBS (NYSE:CBS)

Earnings History Chart

Earnings by Quarter for CBS (NYSE:CBS)

Dividend History Chart

Dividend Payments by Quarter for CBS (NYSE:CBS)

Last Updated on 2/26/2017 by Staff